Crypto exchanges and their customers must protect themselves as attacks continue

HelpNet Security -

Within the past several years, cryptocurrency has gone from a niche hobby to a mainstream concern. Cryptocurrencies like Bitcoin, Ethereum, and even Dogecoin have generated widespread interest, particularly as their value has risen. This interest has penetrated well beyond financial speculators and into the public at large.

The rise of these currencies has also generated interest among cybercriminals. Many cryptocurrency exchanges have been compromised over the past several years, with cybercriminals making off with significant sums.

There is a lack of recourse for individuals whose cryptocurrency is stolen, making it a high-value target for would-be attackers. As cryptocurrency becomes increasingly mainstream, owned by a growing number of both businesses and individuals, its value to cybercriminals will continue to grow.

What cryptocurrency attacks look like

In 2018, hackers famously compromised several cryptocurrency exchanges by compromising a popular software library used by most exchanges on the internet. When the exchanges updated

The post Crypto exchanges and their customers must protect themselves as attacks continue was first published on Help Net Security.

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